Abstract
This systematic literature review explores the European Union's policy landscape and stakeholder engagement in fostering Industry 4.0 adoption in Small and Medium-sized Enterprises (SMEs), with a focus on green initiatives. Rigorous methodology, combining electronic database searches and manual exploration, is employed to assess policy orientations and stakeholder dynamics. Findings highlight key orientations, including modernization, circular economy, and digital sovereignty. Stakeholder engagement emerges as a crucial factor in shaping effective and sustainable policies. This research contributes valuable insights for policymakers, industry stakeholders, and academia, offering a nuanced understanding of the European Union’s strategic approach to integrating green initiatives in Small and Medium-sized Enterprises' Industry 4.0 adoption.
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